Established 90+ year old Residential HVAC company offering service, repair, design and installation of residential and light commercial heating, air conditioning and ventilation systems. Company specializes in warm air furnaces, forced air heating systems, central air conditioning systems and ductless mini splits systems.
This reputable long standing HVAC company has installed and serviced thousands of installations throughout Queens, Brooklyn, Bronx and Nassau counties. They have a total database of over 19,000 customers with over 1,100 of those customers currently active. They maintain service contracts for over 300+ customers and have agreements in place with well-known national residential heating & cooling providers and contractors.
They have a well-trained staff of 12 employees many of which are long term. Sheetmetal- Ductwork Fabrication done on premises which gives them the ability to install replacement furnaces on short notice.This HVAC company has been consistently profitable over many years and has one of the best reputations for quality work in the industry.
Excellent opportunity for existing HVAC contractor seeking to expand. The owner will assist with transition and hold a note for qualified buyer.
SELLER FINANCING AVAILABLE
3RD PARTY BANK FINANCING AVAILABLE
REAL ESTATE ALSO AVAILABLE FOR PURCHASE
Gross Income: $1,836,637
Cash Flow: $285,075
Fixtures, Furniture & Equipment: $105,000
Business Type: HVAC
Location: New York
Financing: Bank & Seller Financing Available
Inventory:Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):Included in asking price
Facilities:Property Available for Purchase Land Use: Industrial and Manufacturing Lot Area: 5213 sf Gross Floor Area: 4,350 sf
Growth & Expansion:There is tremendous growth opportunities in ductless mini-split market which is growing steadily each year. It’s predicted to grow 35% in the HVAC market within the next 5-10 years. Opportunities are available in the replacement of R-22 systems being that repairing of these systems are not cost effective. HVAC Company has an extensive database of over 19,000 customers that be offered additional services by new buyer. There are also opportunities to obtain new service contracts from the company’s large database.
Support & Training:Available
Reason for Selling:Retirement